Asian Paints names former JPMorgan exec Leo Puri as next chairman

As part of its strategic growth plan, Asian Paints has selected Leo Puri to serve as chairman-designate starting January 2027, taking over from R. Seshasayee. This leadership change comes at a critical time as the company confronts formidable competition from well-funded new entrants aiming to capture market share in the decorative paints space, putting pressure on profit margins.